World

Mukesh Ambani is Richest Indian for 9th Year in a Row: Forbes

Singapore, septmber 24:  Despite a dip of USD 4.7 billion in one year, industrialist Mukesh Ambani was named India's richest for ninth year in a row with a net worth of USD 18.9 billion, while ecommerce giant Flipkart's founders made their debut on the country's top 100 rich list of the Forbes magazine.

As per the magazine's latest list released yesterday night , Mr Ambani was followed by Sun Pharma's Dilip Shanghvi as second richest with a net worth of USD 18 billion, while Wipro's Azim Premji retained his third place with USD 15.9 billion.

Flipkart's co-founders Sachin and Binni Bansal made their debut at 86th position with a net worth of USD 1.3 billion each.

In the top ten, Hinduja brothers were ranked 4th with USD 15.9 billion, followed by Pallonji Mistry at USD 14.7 billion, Shiv Nadar (USD 12. 9 billion), Godrej family (USD 11.4 billion), Lakshmi Mittal  (11.2 billion), Cyrus Poonawala (USD 7.9 billion) and Kumar Mangalam Birla (USD 7.8 billion).

The combined wealth of India's 100 richest persons remained largely unchanged at USD 345 billion, as compared to USD 346 billion in 2014, Forbes said.

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